fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund - G

NAV  ₹1,958.28 ↓ 1.12   (0.06 %) as on 21 Apr 19

Scheme Objective

The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns.

Mirae Asset Cash Management Fund is a Debt - Liquid Fund fund launched on 12 Jan 09. It is a fund with Low risk and has given a CAGR return of 6.8% since its launch.  Ranked 48 in Liquid Fund category.  Return for 2018 was 7.3% , 2017 was 6.6% and 2016 was 7.2% .

Below is the key information for Mirae Asset Cash Management Fund

NAV as on 21 Apr 19₹1,958.28 ↓ 1.12   (0.06 %)
Net Assets (AUM) as on 31 Mar 2019 ₹2,708 Cr.
Launch Date12 Jan 2009
CategoryDebt - Liquid Fund
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity0%
Effective Maturity
Modified Duration
Alpha Ratio1.17
Expense Ratio0.08 %
Sharpe Ratio22.475
Information Ratio-1.1
BenchmarkNot Available
ISININF769K01788
AMCMirae Asset Global Inv (India) Pvt. Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Apr 19

DurationReturns
1 Month 0.7%
3 Month 1.8%
6 Month 3.7%
1 Year 7.5%
3 Year 7%
5 Year 7.4%
10 Year
15 Year
Since launch 6.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 7.3%
2017 6.6%
2016 7.2%
2015 7.8%
2014 8.7%
2013 8.2%
2012 8%
2011 6.9%
2010 4.3%

Growth of 10k Over Years

DateValue
31 Mar 14₹10,000
31 Mar 15₹10,867
31 Mar 16₹11,694
31 Mar 17₹12,504
31 Mar 18₹13,339
31 Mar 19₹14,343
Mirae Asset Cash Management Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash100%
Mirae Asset Cash Management Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent92.15%
Corporate7.85%
Mirae Asset Cash Management Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ADITYA BIRLA FINANCE LIMITED
Commercial Paper | -
6%₹173 Cr17,500,000
↑ 17,500,000
GIC HOUSING FINANCE LIMITED
Commercial Paper | -
5%₹145 Cr14,500,000
↓ -5,000,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
5%₹123 Cr12,500,000
↑ 12,500,000
HINDUSTAN PETROLEUM CORPORATION LIMITED
Commercial Paper | -
4%₹100 Cr10,000,000
↑ 10,000,000
NTPC LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
↑ 10,000,000
TATA CAPITAL LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
↑ 10,000,000
JM FINANCIAL ASSET RECONSTRUCTION COMPANY LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
Punjab National Bank
Certificate of Deposit | -
4%₹99 Cr10,000,000
↑ 10,000,000
RELIANCE RETAIL LIMITED
Commercial Paper | -
4%₹99 Cr10,000,000
↑ 10,000,000
Axis Bank Limited
Certificate of Deposit | -
3%₹89 Cr9,000,000
↑ 9,000,000
1 - 10 of 57
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 162.4 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Mutual FundUnit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Cash Management Fund
Weekly Dividend, Reinvestment
₹1,153.21
↑ 0.66
2.54 %5.15 %4.92 %5.35 %
Mirae Asset Cash Management Fund
Monthly Dividend, Reinvestment
₹1,158.95
↑ 0.66
2.21 %4.45 %4.78 %5.26 %
Mirae Asset Cash Management Fund
Monthly Dividend, Payout
₹1,158.95
↑ 0.66
2.21 %4.45 %4.78 %5.26 %
Mirae Asset Cash Management Fund
Growth
₹1,958.28
↑ 1.12
3.71 %7.5 %7.03 %7.44 %
Mirae Asset Cash Management Fund
Daily Dividend, Reinvestment
₹1,066.43
2.46 %5.15 %4.97 %5.36 %
Data as on 21 Apr 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.